Bitcoin operator Cloudbet will acquire Curacao-licensed BetVIP’s customer base following the suspension of its operations earlier this month. Under the terms of the agreement, Cloudbet has committed to reimbursing BetVIP customers in full with immediate effect and without restriction. “Acquiring the BetVIP player base brings relief to BetVIP players who have been waiting several weeks …
The UK Gambling Commission has written to a number of unlicensed Bitcoin operators who are offering their services in the UK market. The authority clarified that it considers Bitcoin to fall under the category of “money’s worth” saying any operator offering the facility requires an operating licence and without which they are operating illegally.
Playtech’s chief operating officer, Shay Segev, has moved to the Gala Coral Group as chief strategy officer after a nine year career with Playtech which included a relatively brief spell as CEO of Retail operations. Reports in May this year on his appointment as the head of Playtech Retail revealed that the division relies on …
188BET has announced the appointment of experienced marketer Karl Riley as head of marketing in Europe, Latin America and the UK. Riley holds a Bachelor’s Degree, Business Studies and Finance, and a Masters Degree, Marketing and Consumer Behaviour, obtained between 1995 and 1999 from the Liverpool John Moores University. His previous management posts have been …
The online gambling-savvy Michelle Minton, who has consistently published factual and positive articles and papers on the industry and its technologies, wrote in The Hill blog this week that the lobbying battle for and against Sheldon Adelson’s Restoration of America’s Wire Act has intensified in Washington DC. RAWA supporters have bills in both the House …
Social gaming firm Akamon Entertainment and bingo product and services provider Zest Gaming have agreed a content distribution deal that will see Zest’s new online video bingo titles deployed via Akamon’s gaming platforms. Luca Figerio, group president for Zest said: “This agreement reflects one of our main strategic goals, to bring our video product, with …
Playtech subsidiary TradeFX Limited has entered into a share acquisition agreement with Ava Trade, an online B2C CFD broker, for a $105 million consideration. Completion of the Transaction is conditional on approval from Playtech’s shareholders and relevant financial services regulators. “The acquisition of the Ava Group is another important milestone in Playtech’s strategy to expand …
Paddy Power plc has confirmed the resignation of Nigel Northridge as Chairman of the Board and the succession appointment of Gary McGanneffective today, July 1, 2015.
English Premier League football club Aston Villa has entered into a co-exclusive betting partnership with Betfair and bet365. The deal, in which both firms will feature on the club’s LED screens and interview backdrops, represents a “significant commercial increase on last year’s betting partnership” a club statement revealed. Charlie Wijeratna, Aston Villa’s chief commercial officer, …
The Done brothers-founded UK online gambling group Betfred delivered an 18-month report ending September 2014 showing a turnover of GBP 13.2 billion and gross profit of GBP 593 million, up from GBP 362 million 18 months ago. During the period, Betfred said it had contributed GBP 37.7 million to racing and GBP 158.7 million to …
The Romanian gambling authority Oficiul Național pentru Jocuri (ONJN) has begun issuing its first provisional online gambling licences. First concession holders were named as StanleyBet UK, NetBet and Winmasters who have the green light to offer online gambling in the newly regulated market.
Omni-channel gaming software and services supplier Playtech plc has won a major contract to supply Norway’s state-owned gaming operator Norsk Tipping with locally adapted content across more than 4,300 interactive gaming terminals. The deal was awarded to Playtech subsidiary Videobet Interactive Sweden and two other companies in a heavily competitive process involving seven other suppliers. …
Britain’s Football Association, governing body for soccer in the UK, has slapped a GBP 700 fine and a warning on future conduct on Swansea FC player James Demetriou, who has admitted to 13 counts of betting on football matches in contravention of the FA Rule E8. The FA’s ruling does not identify the matches on …
AktieTorg-listed Mr Green & Co AB, through its subsidiary, internet casino Mr Green Ltd, has been awarded a UK online gambling operator licence. The application for the licence was part of Mr. Green’s strategic plan to enter regulated European markets, and follows the successful achievement of licenced status in the Italian market. “After Italy, the …
The Macau Gaming Inspection and Coordination Bureau reports that casino revenues in June 2015 fell to their lowest level since November 2010, as China’s slowing economy and a graft crackdown continue to impact business on the gambling island. Gross gaming revenue in June fell 36.2 percent to 17.4 billion patacas ($2.2 billion), the 13th straight …
UK football club Aston Villa has announced that it has signed online gambling groups Betfair and Bet365 as official partners of the club, giving both companies co-exclusive rights in the betting category. Both will have the right to be associated with Aston Villa and activate the partnerships globally, and both will appear on the club’s …
eSports platform developer, Unikrn, has announced closing a Series A funding round from a group of investors led by Jonathan Teo and Justin Caldbeck of Binary Capital for an additional $7 million. Unikrn said it will fund further development of its eSports Unikrn Arena platform which offers wagering on competitive video games matches and tournaments …
Australian Football League’s Essendon Football Club will end all commercial partnerships with gambling firms, saying it will direct its energy to nurturing existing commercial partnerships outside of the gambling industry. “This decision wasn’t made lightly, particularly with the revenue a wagering partner can deliver,” Xavier Campbell, chief executive of Essendon said. “We certainly respect the …
Play’n GO is responsible for Danske Spil’s new online casino platform at vegas.dk, its first platform agreement with a state-controlled gaming operator and WLA-member. Danske Spil launched the online casino to ensure further growth in the competitive Danish market by reaching new target groups it says cannot be reached by its existing casino. The State …
Award-winning journalist, broadcaster and former cricketer Simon Hughes, aka The Analyst, will be providing a detailed blog for online sportsbook Betway on this summer’s Ashes cricket tournament. Hughes, who works for Channel 5, the BBC and The Times, will delve deep under the surface, providing exclusive, expert analysis on all aspects of the series, which …
Tease publicity from the producers of the popular UK television soapie Coronation Street hints that compulsive online poker playing will feature in upcoming episodes. Central character Carla Connor discovers she has a flair for poker that could lead to a playing problem after she is successful in a pub poker game, and discovers the opportunities …
The advantages of anonymity offered by virtual currencies like Bitcoin, so often used in marketing tactics by online casinos using the cyber-currency, backfired expensively on the operator of the Primedice website last year. When a dishonest punter was able to exploit a software flaw on a simple dice game, it cost the operator over a …
Disgraced former Bodog Asia chief executive Robert Gustafsson, who already faces legal action on criminal and possibly civil allegations, could be in more trouble following the findings of the Philippines Court of Appeals late last month. The findings are centred on late 2013 raids by the Manila police (triggered by Gustafsson) on independent support service …
In a letter to the editor of Penn Live this week, the president of the Pennsylvania Horsemen’s Benevolent and Protective Association, Tim Shea, claims that the recent introduction of SB900, a Pennsylvania state Senate proposal to regulate and licence intrastate online gambling, constitutes a threat to his industry and the state’s land casino businesses. In …